Lufthansa Group profit down 75% in 2013

Credit: Rob Finlayson
The Lufthansa Group reported 2013 annual net income of €313 million ($434.2 million), down 75% from a €1.22 billion profit in the year-ago period. Revenue fell 0.4% to €30 billion and operating profit was €697 million, down 16.9% year-over-year. Lufthansa outgoing chairman and CEO Christoph Franz...

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